IMF identifies pain points for Qatar economy amid sanctions – The National – 31/08/2017

After team visit to Doha, fund has forecast that the country's non-oil growth would reverse this year.

Source:  The National, 2017/08/31

By |August 31st, 2017|Categories: News|Tags: , , |

Qatar Crisis Mediation Is Deadlocked – Bloomberg – 26/07/2017

Efforts to resolve the standoff between Qatar and a Saudi-led alliance have reached an impasse, according to a Gulf official with direct knowledge of the matter, amid signs the bloc wants to extract more concessions from Doha.

Source:  Bloomberg, 2017/07/26

By |July 27th, 2017|Categories: News|Tags: , , |

Energy Markets Can Survive This Qatari Blockade – Bloomberg – 18/06/2017

The blockade against Qatar is undoubtedly causing difficulties for the citizens on the small Persian Gulf emirate. But its isolation is far from complete, and chinks in the wall are a clear indication that the connections that exist between Qatar and its uneasy neighbors cannot easily be broken.

Source:  Bloomberg, 2017/06/18

By |June 22nd, 2017|Categories: News|Tags: , , |

Qatar Crisis Spills Into Libya, Entangling Glencore Over Oil – Bloomberg – 14/06/2017

The Qatar crisis is reverberating in Libya, inflaming political divisions in the war-torn oil exporter and dragging commodity-trading giant Glencore Plc into a dispute over crude sales.

Source:  Bloomberg, 2017/06/14

By |June 15th, 2017|Categories: News|Tags: , , , |

Qatar debt rating downgraded by S&P as riyal hits 11-year low – Reuters – 07/06/2017

Standard & Poor's downgraded Qatar's debt on Wednesday as the riyal currency fell to an 11-year low amid signs that portfolio investment funds were flowing out of the country because of Doha's diplomatic rift with other Arab states.

Source:  Reuters, 2017/06/07

By |June 8th, 2017|Categories: News|Tags: , , |

Qatar outlook downgraded by S&P Global Ratings on rising debt concerns – The National – 06/03/2017

The rating agency S&P Global Ratings said yesterday it has downgraded its outlook on Qatar to negative from stable on concern that the growth of the country’s external debts may continue to outpace the growth of the size of its investments internationally.

Source:  The National, 2017/03/06

By |March 9th, 2017|Categories: News|Tags: , , |

Russia Sells Stake in Rosneft to Glencore and Qatar – Energy Journal – WSJ – 08/12/2016

Russia said it sold a minority stake in state-controlled oil giant PAO Rosneft to a consortium formed by Glencore PLC and Qatar in a deal valued at some €10.5 billion ($11.3 billion), write James Marson and Scott Patterson.

Source:  WSJ, 2016/12/08

By |December 15th, 2016|Categories: News|Tags: , , , , , |

Oil back above $50 as Opec agrees supply cut – FT – 30/11/2016

Compact to axe 1.2m b/d major policy reversal for Saudis. Saudi Arabia will shoulder the bulk of the production cuts, reducing output by almost 500,000 b/d to 10m b/d, while Kuwait, Qatar and the United Arab Emirates agreed to curbs of 300,000 b/d of production.

Source:  FT, 2016/11/30

GCC economies are responding well to the fiscal reforms: IIF – Gulf News – 20/10/2016

Ratio of Government spending to non-oil GDP to decline from 60 per cent in 2014 to 40 per cent by 2020.

Source:  Gulf News, 2016/10/20

By |October 27th, 2016|Categories: News|Tags: , , , , , , , , |

Informal Istanbul OPEC talks were positive – Qatari energy minister – Reuters – 12/10/2016

An informal meeting between OPEC energy ministers, Russia and Mexico in Istanbul on Wednesday yielded positive results and a wide spectrum of producers will attend a high-level meeting in Vienna at the end of this month, Qatar's energy minister said.

Source:  Reuters, 2016/10/12

By |October 14th, 2016|Categories: News|Tags: , , , , |